The farm gate price of a kilo of palay continued to rise in January, according to data released Wednesday by the Philippine Statistics Authority, which is a boon for farmers but a bane for rice consumers.
Local output growth measured as the gross domestic product (GDP) is forecast to ease further this year to 5.4 percent, lower than last year's growth print of 5.6 percent, analysts at the Manila unit of the Dutch giant ING said on Monday.
The government already spent in 11 months P1.02 trillion of its commitment to spend P1.33 trillion in various public infrastructures in 2023, Budget Secretary Mina F. Pangandaman said on Sunday.
Foreign investments approved by various investment promotions agencies reached P394.45 billion in the fourth quarter, more than double the P173.61 billion in the year-earlier period even though a number of IPAs didn’t report any approvals during the period.
SM Investments Corp. reported a consolidated net income of P64.4 billion for the first nine months of 2025, up 6 percent from P60.9 billion a year ago, with revenues rising 4 percent to P482.3 billion.
Mega Agri-Farm Corp. is planning to expand its poultry farm in Mayantoc, Tarlac, to accommodate up to 480,000 birds, five times its current capacity of 98,000.
Filinvest Land Inc., the property development arm of the Gotianun group, posted a 5 percent increase in net income to P3.64 billion for the first nine months of 2025, up from P3 billion a year earlier. Consolidated revenues grew 9 percent to P20.08 billion, led by steady leasing performance and robust residential sales.
The Bangko Sentral ng Pilipinas (BSP) is calling for stronger use of blended finance to support climate adaptation and resilience projects across the country.